Pomanda estimates the enterprise value of NOVATE GLOBAL MARKETS LIMITED at £14.4m based on a Turnover of £9.1m and 1.57x industry multiple (adjusted for size and gross margin).
novate global markets limitedEstimated Valuation
£0
Pomanda estimates the enterprise value of NOVATE GLOBAL MARKETS LIMITED at £0 based on an EBITDA of £-17.9m and a 5.33x industry multiple (adjusted for size and gross margin).
novate global markets limitedEstimated Valuation
£15.7m
Pomanda estimates the enterprise value of NOVATE GLOBAL MARKETS LIMITED at £15.7m based on Net Assets of £8m and 1.97x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Novate Global Markets LimitedOverview
Novate Global Markets Limited is a live company located in london, EC3V 9AJ with a Companies House number of 01934008. It operates in the security dealing on own account sector, SIC Code 64991. Founded in July 1985, it's largest shareholder is
mitsubishi ufj trust & banking corp
with a 100% stake. Novate Global Markets Limited is a mature,
mid sized company, Pomanda has estimated its turnover at
£9.1m with
declining
growth in recent years.
Pomanda's financial health check has awarded Novate Global Markets Limited a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 5 areas for improvement. Company Health Check FAQs
Health Rating2.5out of 5
4 Strong
0 Regular
5 Weak
Size
annual sales of £9.1m, make it larger than the average company (£4.7m)
£9.1m - Novate Global Markets Limited
£4.7m - Industry AVG
Growth
3 year (CAGR) sales growth of -33%, show it is growing at a slower rate (0.6%)
-33% - Novate Global Markets Limited
0.6% - Industry AVG
Production
with a gross margin of 97.4%, this company has a lower cost of product (80.4%)
97.4% - Novate Global Markets Limited
80.4% - Industry AVG
Profitability
an operating margin of -198.7% make it less profitable than the average company (9.3%)
-198.7% - Novate Global Markets Limited
9.3% - Industry AVG
Employees
with 85 employees, this is above the industry average (7)
85 - Novate Global Markets Limited
7 - Industry AVG
Pay Structure
on an average salary of £253.9k, the company has a higher pay structure (£102.7k)
£253.9k - Novate Global Markets Limited
£102.7k - Industry AVG
Efficiency
resulting in sales per employee of £107.6k, this is less efficient (£238.4k)
£107.6k - Novate Global Markets Limited
£238.4k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Novate Global Markets Limited
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Novate Global Markets Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Novate Global Markets Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities
for 45 weeks, this is more cash available to meet short term requirements (16 weeks)
45 weeks - Novate Global Markets Limited
16 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 76%, this is a higher level of debt than the average (56.8%)
76% - Novate Global Markets Limited
56.8% - Industry AVG
NOVATE GLOBAL MARKETS LIMITED financials
EXPORT
Novate Global Markets Limited's latest turnover from September 2024 is £9.1 million and the company has net assets of £8 million. According to their latest financial statements, Novate Global Markets Limited has 85 employees and maintains cash reserves of £22.3 million as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Sep 2024
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Dec 2018
Dec 2017
Dec 2016
Dec 2015
Dec 2014
Dec 2013
Dec 2012
Dec 2011
Dec 2010
Dec 2009
Turnover
9,142,117
25,948,714
30,877,946
30,632,416
59,131,183
44,464,130
31,350,702
37,329,477
45,449,328
35,518,404
32,148,854
64,966,122
58,317,707
34,334,376
35,699,942
Other Income Or Grants
Cost Of Sales
236,211
1,148,569
1,412,916
1,862,659
2,063,472
1,971,015
1,902,881
1,306,897
667,782
539,636
481,634
35,281,503
34,420,818
18,846,582
21,170,802
Gross Profit
8,905,906
24,800,145
29,465,030
28,769,757
57,067,711
42,493,115
29,447,821
36,022,580
44,781,546
34,978,768
31,667,220
30,260,947
31,367,095
29,400,368
27,835,927
72,455,903
Admin Expenses
27,073,988
24,722,666
27,451,640
26,684,645
40,960,354
33,002,688
26,104,431
29,294,623
33,614,894
27,811,110
26,890,823
25,791,342
26,460,506
24,356,135
23,636,272
47,360,848
Operating Profit
-18,168,082
77,479
2,013,390
2,085,112
16,107,357
9,490,427
3,343,390
6,727,957
11,166,652
7,167,658
4,776,397
4,469,605
4,906,589
5,044,233
4,199,655
25,095,055
Interest Payable
66,078
288,559
171,517
62,642
114,836
278,211
69,880
67,496
110,207
108,465
97,813
14,662
4,889
Interest Receivable
288,678
95,057
24,943
583
12,648
53,660
12,887
8,280
16,446
21,426
13,383
16,932
45,544
Pre-Tax Profit
-17,945,482
-116,023
1,866,816
2,023,053
16,005,169
9,265,876
3,286,397
6,668,741
11,072,891
7,080,619
4,691,967
4,465,491
4,906,589
5,187,698
4,666,559
25,097,843
Tax
-106,729
26,629
-324,773
-333,461
-3,753,762
-2,005,030
-610,325
-1,523,444
-2,445,895
-1,396,069
-1,038,957
-1,090,568
-1,249,344
-1,431,943
-1,571,460
-6,969,905
Profit After Tax
-18,052,211
-89,394
1,542,043
1,689,592
12,251,407
7,260,846
2,676,072
5,145,297
8,626,996
5,684,550
3,653,010
3,374,923
3,657,245
3,755,755
3,095,099
18,127,938
Dividends Paid
1,542,043
1,689,592
7,260,846
9,676,072
9,145,297
8,626,996
5,684,550
3,653,010
3,374,923
3,657,245
3,755,755
3,095,099
18,127,938
12,088,885
Retained Profit
-18,052,211
-1,631,437
-147,549
1,689,592
4,990,561
-2,415,226
-6,469,225
-3,481,699
2,942,446
2,031,540
278,087
-282,322
-98,510
660,656
-15,032,839
6,039,053
Employee Costs
21,581,119
17,779,343
18,930,435
18,422,669
33,148,922
26,031,054
19,165,064
22,513,679
27,439,170
22,219,447
21,415,166
21,108,132
21,942,281
21,020,932
20,272,752
44,417,027
Number Of Employees
85
109
122
129
128
127
129
127
128
127
126
130
125
118
115
129
EBITDA*
-17,941,569
618,680
2,613,717
2,778,501
16,799,920
10,005,643
3,853,443
7,193,903
11,621,616
7,576,842
5,182,676
4,824,616
5,255,477
5,409,442
4,540,123
25,381,653
* Earnings Before Interest, Tax, Depreciation and Amortisation
Sep 2024
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Dec 2018
Dec 2017
Dec 2016
Dec 2015
Dec 2014
Dec 2013
Dec 2012
Dec 2011
Dec 2010
Dec 2009
Tangible Assets
564,247
761,798
1,130,120
1,177,974
1,516,420
1,437,238
925,005
963,415
884,888
958,515
878,473
729,573
732,364
790,974
563,919
821,006
Intangible Assets
Investments & Other
11,883
46,083,944
49,459,588
51,337,267
51,217,431
51,281,624
58,302,970
62,295,883
62,244,681
62,322,816
62,345,019
62,362,097
62,356,078
62,783,088
62,758,818
72,755,649
Debtors (Due After 1 year)
Total Fixed Assets
576,130
46,845,742
50,589,708
52,515,241
52,733,851
52,718,862
59,227,975
63,259,298
63,129,569
63,281,331
63,223,492
63,091,670
63,088,442
63,574,062
63,322,737
73,576,655
Stock & work in progress
Trade Debtors
6,689
Group Debtors
864,952
2,305,089
15,783,189
8,259,349
8,913,610
1,642,763
4,575,330
3,462,314
7,577,168
4,966,855,093
Misc Debtors
10,356,821
3,807,138
3,857,365
3,001,217
5,763,329
4,604,573
4,233,418
3,929,717
2,159,272
2,240,178
1,898,242
1,499,081
1,556,313
1,781,024
1,702,903
7,503,216
Cash
22,334,512
8,466,110
7,064,736
6,433,849
22,315,775
13,581,047
9,841,063
9,453,334
17,263,296
12,069,822
10,013,038
10,117,084
10,979,011
10,796,661
10,006,087
33,054,553
misc current assets
8,113
total current assets
32,691,333
12,273,248
10,922,101
9,435,066
28,079,104
18,192,309
14,939,433
15,688,140
35,205,757
22,569,349
20,824,890
13,258,928
17,110,654
16,039,999
19,286,158
5,007,420,975
total assets
33,267,463
59,118,990
61,511,809
61,950,307
80,812,955
70,911,171
74,167,408
78,947,438
98,335,326
85,850,680
84,048,382
76,350,598
80,199,096
79,614,061
82,608,895
5,080,997,630
Bank overdraft
10,159,195
568,125
558,397
123,240
557,252
48,506
317,923
102,375
8,500,477
898,038
606,604
675,428
998,563
379,584
263,337
Bank loan
Trade Creditors
Group/Directors Accounts
4,597,468
2,200,727
7,147,902
7,352,518
8,290,237
1,267,542
3,450,429
3,092,224
6,967,868
4,966,738,835
other short term finances
hp & lease commitments
other current liabilities
15,124,391
3,255,137
4,026,247
4,752,353
12,619,174
8,216,697
4,190,823
5,113,917
7,674,829
5,530,452
5,113,409
4,647,583
5,707,737
6,001,376
5,897,469
27,930,968
total current liabilities
25,283,586
3,823,262
4,584,644
4,875,593
13,176,426
8,265,203
9,106,214
7,417,019
23,323,208
13,781,008
14,010,250
6,590,553
10,156,729
9,473,184
13,128,674
4,994,669,803
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
1,814,767
provisions
total long term liabilities
1,814,767
total liabilities
25,283,586
3,823,262
4,584,644
4,875,593
13,176,426
8,265,203
9,106,214
7,417,019
23,323,208
13,781,008
14,010,250
6,590,553
10,156,729
9,473,184
13,128,674
4,996,484,570
net assets
7,983,877
55,295,728
56,927,165
57,074,714
67,636,529
62,645,968
65,061,194
71,530,419
75,012,118
72,069,672
70,038,132
69,760,045
70,042,367
70,140,877
69,480,221
84,513,060
total shareholders funds
7,983,877
55,295,728
56,927,165
57,074,714
67,636,529
62,645,968
65,061,194
71,530,419
75,012,118
72,069,672
70,038,132
69,760,045
70,042,367
70,140,877
69,480,221
84,513,060
Sep 2024
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Dec 2018
Dec 2017
Dec 2016
Dec 2015
Dec 2014
Dec 2013
Dec 2012
Dec 2011
Dec 2010
Dec 2009
Operating Activities
Operating Profit
-18,168,082
77,479
2,013,390
2,085,112
16,107,357
9,490,427
3,343,390
6,727,957
11,166,652
7,167,658
4,776,397
4,469,605
4,906,589
5,044,233
4,199,655
25,095,055
Depreciation
226,513
541,201
600,327
693,389
692,563
515,216
492,807
461,041
454,964
409,184
406,279
355,011
348,888
365,209
340,468
286,598
Amortisation
17,246
4,905
Tax
-106,729
26,629
-324,773
-333,461
-3,753,762
-2,005,030
-610,325
-1,523,444
-2,445,895
-1,396,069
-1,038,957
-1,090,568
-1,249,344
-1,431,943
-1,571,460
-6,969,905
Stock
Debtors
6,549,683
-50,227
856,148
-2,762,112
1,152,067
-487,108
-1,136,436
-11,707,655
7,442,934
-312,325
7,670,008
-2,989,799
888,305
-4,036,733
-4,965,078,238
4,974,358,309
Creditors
Accruals and Deferred Income
11,869,254
-771,110
-726,106
-7,866,821
4,402,477
4,025,874
-923,094
-2,560,912
2,144,377
417,043
465,826
-1,060,154
-293,639
103,907
-22,033,499
27,930,968
Deferred Taxes & Provisions
Cash flow from operations
-12,728,727
-75,574
706,690
-2,659,669
16,296,568
12,513,595
3,456,460
14,817,202
3,877,164
6,910,141
-3,060,463
5,663,693
2,824,189
8,118,139
4,946,013,402
-4,928,015,593
Investing Activities
capital expenditure
-28,962
-172,879
-552,473
-354,943
-771,745
-1,027,449
-471,643
-544,473
-381,337
-489,226
-555,179
-352,220
-290,278
-592,264
-83,381
-1,107,604
Change in Investments
-46,072,061
-3,375,644
-1,877,679
119,836
-64,193
-7,021,346
-3,992,913
51,202
-78,135
-22,203
-17,078
6,019
-427,010
24,270
-9,996,831
72,755,649
cash flow from investments
46,043,099
3,202,765
1,325,206
-474,779
-707,552
5,993,897
3,521,270
-595,675
-303,202
-467,023
-538,101
-358,239
136,732
-616,534
9,913,450
-73,863,253
Financing Activities
Bank loans
Group/Directors Accounts
-4,597,468
2,396,741
-4,947,175
-204,616
-937,719
7,022,695
-2,182,887
358,205
-3,875,644
-4,959,770,967
4,966,738,835
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
-1,814,767
1,814,767
share issue
-29,259,640
-12,251,407
78,474,007
interest
222,600
-193,502
-146,574
-62,059
-102,188
-224,551
-56,993
-59,216
-93,761
-87,039
-84,430
2,270
40,655
cash flow from financing
-29,037,040
-193,502
-146,574
-12,313,466
-102,188
-4,822,019
2,339,748
-5,006,391
-298,377
-1,024,758
6,938,265
-2,180,617
398,860
-3,875,644
-4,961,585,734
5,047,027,609
cash and cash equivalents
cash
13,868,402
1,401,374
630,887
-15,881,926
8,734,728
3,739,984
387,729
-7,809,962
5,193,474
2,056,784
-104,046
-861,927
182,350
790,574
-23,048,466
33,054,553
overdraft
9,591,070
9,728
435,157
-434,012
508,746
-269,417
215,548
-8,398,102
7,602,439
291,434
-68,824
-323,135
618,979
116,247
263,337
change in cash
4,277,332
1,391,646
195,730
-15,447,914
8,225,982
4,009,401
172,181
588,140
-2,408,965
1,765,350
-35,222
-538,792
-436,629
674,327
-23,311,803
33,054,553
novate global markets limited Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for novate global markets limited. Get real-time insights into novate global markets limited's credit score, group structure and payment trends.
Perform a competitor analysis for novate global markets limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other mid companies, companies in EC3V area or any other competitors across 12 key performance metrics.
novate global markets limited Ownership
NOVATE GLOBAL MARKETS LIMITED group structure
Novate Global Markets Limited has no subsidiary companies.
Ultimate parent company
MITSUBISHI UFJ FINANCIAL GROUP INC
#0053549
MITSUBISHI UFJ TRUST & BANKING CORP
#0049632
2 parents
NOVATE GLOBAL MARKETS LIMITED
01934008
NOVATE GLOBAL MARKETS LIMITED Shareholders
The sole shareholder of Novate Global Markets Limited is Mitsubishi Ufj Trust & Banking Corp.
mitsubishi ufj trust & banking corp
100%
novate global markets limited directors
Novate Global Markets Limited currently has 5 directors.
The longest serving directors include
Ray Winters (Feb 2001) and
Mr Hisashi Kanamori (May 2019).
mitsubishi ufj trust international limited (September 2024)
mitsubishi trust international limited (September 2005)
accountant
-
auditor
FORVIS MAZARS LLP
address
24 lombard street, london, EC3V 9AJ
Bank
NATIONAL WESTMINSTER BANK PLC
Legal Advisor
-
novate global markets limited Charges & Mortgages
A charge, or mortgage, refers to the rights a company gives to a lender in return for a loan, often in the form of security given over business assets.
We found 1 charges/mortgages relating to novate global markets limited. Currently there are 0 open charges and 1 have been satisfied in the past.
novate global markets limited Capital Raised & Share Issues BETA
When a company issues new shares, e.g. to new investors following a funding round, it is required to notify Companies House within one month of making an allotment of shares.
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novate global markets limitedCompanies House Filings - See Documents
